[ssaetern]

Hello. How would you figure the deductible amount if you gave cash, and appreciated property? For example lets say you donated $10,000 cash and appreciated stock worth $20,000. For cash I know it’s 60% of AGI and appreciated property is 30%. Would you calculate each item amount separately? Thanks.

AUD - 78
BEC - 78
FAR - 85
REG - 83

So glad to have my life back!

[ssaetern]

I forgot to include AGI. Lets say AGI was $100K.

AUD - 78
BEC - 78
FAR - 85
REG - 83

So glad to have my life back!

[FutureCPA2020]

The maximum combination is $60K, not to exceed the maximum of either category.

AUD: 68, 74, 83

BEC: 68, 70, 80

FAR: 77

REG: 74, 78 (lost credit),  83

[Author]

Replies